From Tradingmarkets.com: In the world of Islamic insurance, the three great pillars of the market are Iran, Saudi Arabia and Malaysia. Zurich Financial Services, like the majority of the insurance world, will not enter Iran, but Saudi Arabia and Malaysia are two countries where the insurer plans on establishing a takaful presence, according to Geoff Riddell, Zurich's chairman of global corporation and chief executive officer of Asia-Pacific and the Middle East.
"We certainly believe we need to be entering takaful. We're looking at different ways of doing it," Riddell said.........................................Full Article: Source